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Rental Market Trends in Spokane Valley, WA

What is the average rent in Spokane Valley, WA?

$1,286/month

Average Rent

736 Sq Ft

Average Apartment Size

-0.9%

Decrease in the Last Year

As of September 2025, the average rent in Spokane Valley, WA is $1,286 per month. This is 22% lower than the national average rent of $1,640/month, making renting in Spokane Valley more affordable than most cities in the US. When you rent an apartment in Spokane Valley, you can expect to pay about $1,223 per month for a studio, $1,286 for a one-bedroom apartment, and around $1,472 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,878 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,223/month
591 Sq Ft
One Bedroom
$1,286/month
736 Sq Ft
Two Bedroom
$1,472/month
985 Sq Ft
Three Bedroom
$1,878/month
1,312 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,795/month
1,251 Sq Ft
Three Bedroom
$2,298/month
1,545 Sq Ft
Four Bedroom
$2,651/month
2,161 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,019/month
1,582 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,109/month
1,527 Sq Ft

How much has average rent changed in Spokane Valley, WA?

In the past year, rent has decreased by 0.9%, which averages out to $11 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024 2025
Market Trends Over Time

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Spokane Valley?

Based on current rent prices, Dishman Hills, Opportunity and Veradale are the most affordable neighborhoods in Spokane Valley.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Dishman Hills
$1,167/month
652 Sq Ft
Opportunity
$1,289/month
722 Sq Ft
Veradale
$1,426/month
789 Sq Ft
Mirabeau
$1,517/month
684 Sq Ft
Shelley Lake
$1,571/month
845 Sq Ft
Greenacres
$1,927/month
763 Sq Ft
Spokane Business & Industrial Park
$2,219/month
720 Sq Ft

What are the most expensive neighborhoods in Spokane Valley?

Based on current rent prices, Spokane Business & Industrial Park, Greenacres and Shelley Lake are the most expensive neighborhoods in Spokane Valley.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Spokane Business & Industrial Park
$2,219/month
720 Sq Ft
Greenacres
$1,927/month
763 Sq Ft
Shelley Lake
$1,571/month
845 Sq Ft
Mirabeau
$1,517/month
684 Sq Ft
Veradale
$1,426/month
789 Sq Ft
Opportunity
$1,289/month
722 Sq Ft
Dishman Hills
$1,167/month
652 Sq Ft

Which Spokane Valley neighborhoods have the most rentals available?

The neighborhoods in Spokane Valley with the most apartments available are Greenacres, Opportunity and Spokane Business & Industrial Park .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Greenacres
$1,927/month
763 Sq Ft
Opportunity
$1,289/month
722 Sq Ft
Spokane Business & Industrial Park
$2,219/month
720 Sq Ft
Veradale
$1,426/month
789 Sq Ft
Mirabeau
$1,517/month
684 Sq Ft
Dishman Hills
$1,167/month
652 Sq Ft
Shelley Lake
$1,571/month
845 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Spokane Valley, WA?

Because the average rent in Spokane Valley is $1,286, you’ll want to make about $4,286 per month or $51,432 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Spokane Valley, WA

1,254 Available Apartments for Rent

Search for Nearby Apartments

How does Spokane Valley, WA compare to other nearby cities and neighborhoods?

Use the tool below to compare Spokane Valley, WA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Spokane Valley, WA

Apartment Averages

Dishman Hills

Spokane Valley, WA

Spokane Business & Industrial Park

Spokane Valley, WA

Studio
$1,334/month
-
One Bedroom
$1,093/month
$1,190/month
Two Bedroom
$1,328/month
$1,318/month
Three Bedroom
$1,614/month
$1,533/month
Search
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Nearby City Rent Trends

  • Veradale Average Rent
  • Spokane Average Rent
  • Post Falls Average Rent

Apartment communities in Spokane Valley we think you'll love

The Quarry

The Quarry

16609 E Desmet Ct,
Spokane Valley, WA 99216

$1,395 - $2,000

1-3 Beds

River Landing Townhome Collection

River Landing Townhome Collection

13915 E Carlisle Ave,
Spokane Valley, WA 99216

$2,100 - $2,250

2-3 Beds

Sixty20 on 4th Apartments

Sixty20 on 4th Apartments

6020 E 4th Ave,
Spokane Valley, WA 99212

$1,125 - $1,600

1-2 Beds

The Reserve at Shelley Lake

The Reserve at Shelley Lake

215 S Conklin Rd,
Spokane Valley, WA 99037

$1,550 - $2,440

1-3 Beds

Property Management Companies in Spokane Valley, WA

Avenue5 Residential
Avenue5 Residential
  • 501

    Communities

  • 111,598

    Units

  • 200

    Cities

12 Communities in Spokane Valley
Black Realty Management, Inc.
Black Realty Management, Inc.
  • 38

    Communities

  • 3,026

    Units

  • 6

    Cities

10 Communities in Spokane Valley
Prodigy Property Management
Prodigy Property Management
  • 41

    Communities

  • 5,129

    Units

  • 12

    Cities

6 Communities in Spokane Valley
McCathren Management
McCathren Management
  • 23

    Communities

  • 2,560

    Units

  • 8

    Cities

6 Communities in Spokane Valley
Rudeen Development, LLC
Rudeen Development, LLC
  • 18

    Communities

  • 3,541

    Units

  • 6

    Cities

6 Communities in Spokane Valley
Greystar
Greystar
  • 3,381

    Communities

  • 938,762

    Units

  • 866

    Cities

5 Communities in Spokane Valley
Greenstone
Greenstone
  • 10

    Communities

  • 1,463

    Units

  • 3

    Cities

4 Communities in Spokane Valley
Goodale & Barbieri Company
Goodale & Barbieri Company
  • 22

    Communities

  • 1,019

    Units

  • 3

    Cities

3 Communities in Spokane Valley

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United States Washington Spokane Valley Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity